Gas

Helmerich & Payne, Inc. Provides Capital Allocation Update and Announces Fiscal Second Quarter 2020 Conference Call and Webcast

Tuesday, March 31, 2020 - 10:00pm

Helmerich & Payne, Inc. (H&P or the Company) (NYSE: HP) today provided an update on its capital allocation policy as well as its capital expenditure and SG&A cost outlook for the remainder of fiscal 2020.

Key Points: 
  • Helmerich & Payne, Inc. (H&P or the Company) (NYSE: HP) today provided an update on its capital allocation policy as well as its capital expenditure and SG&A cost outlook for the remainder of fiscal 2020.
  • The Company also announced the timing of its upcoming second fiscal 2020 quarterly conference call and webcast.
  • Second half fiscal 2020 capital expenditures are expected to consist primarily of maintenance capital expenditures at an annualized level of approximately $1 million per average active rig.
  • Helmerich & Payne, Inc.s Fiscal Second Quarter 2020 Earnings Release.

Nine Energy Service Announces CFO Transition

Tuesday, March 31, 2020 - 10:30pm

Nine Energy Service, Inc. (Nine or the Company) (NYSE: NINE) announced today that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective today.

Key Points: 
  • Nine Energy Service, Inc. (Nine or the Company) (NYSE: NINE) announced today that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective today.
  • Prior to joining the Company in March 2019, he was an Executive Director with J.P. Morgans Energy Investment Banking Group.
  • Nine Energy Service is an oilfield services company that offers completion solutions within North America and abroad.
  • Serving the global oil and gas industry, Nine continues to differentiate itself through superior service quality, wellsite execution and cutting-edge technology.

Xylem withdraws first quarter and full-year guidance, continues serving customers on front lines of essential services

Tuesday, March 31, 2020 - 9:15pm

As a business, were privileged to be supporting water and resource management customers who provide services essential to every hospital and healthcare worker, and to every home and family.

Key Points: 
  • As a business, were privileged to be supporting water and resource management customers who provide services essential to every hospital and healthcare worker, and to every home and family.
  • Xylem will provide a business update including the impact of COVID-19 when it releases its first quarter 2020 results.
  • Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the worlds water challenges.
  • The Companys products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings.

Energy Transfer Announces Quarterly Cash Distribution and Earnings Release and Earnings Call Dates

Tuesday, March 31, 2020 - 9:15pm

Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.305 per ET common unit ($1.22 on an annualized basis) for the first quarter ended March 31, 2020.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.305 per ET common unit ($1.22 on an annualized basis) for the first quarter ended March 31, 2020.
  • Energy Transfer benefits from a fully-integrated business with a diverse mix of earnings, generated by providing midstream services from the well-head to the market.
  • Energy Transfer plans to release earnings for the first quarter of 2020 on Monday, May 11, 2020, after the market closes.
  • Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

Tuesday, March 31, 2020 - 10:00pm

A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • Tortoise Capital Advisors is the Adviser to the Tortoise Power and Energy Infrastructure Fund, Inc.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Crane Co. Announces Date for First Quarter 2020 Earnings Release and Teleconference

Tuesday, March 31, 2020 - 9:30pm

Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2020 earnings release:

Key Points: 
  • Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2020 earnings release:
    Earnings Release: April 27, 2020 after close of market by public distribution and the Crane Co. website at www.craneco.com .
  • Teleconference: April 28, 2020 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Senior Vice President & CFO.
  • The call can be accessed in a listen-only mode via the Companys website www.craneco.com .
  • Crane Co. has approximately 12,000 employees in the Americas, Europe, the Middle East, Asia and Australia.

YGC Launches Hupbeat to Empower Elite Workforce in the Oil & Gas Industry

Tuesday, March 31, 2020 - 5:39pm

YGC announces the launch of its first new venture, Hupbeat Inc., to maximize workforce flexibility in the energy sector.

Key Points: 
  • YGC announces the launch of its first new venture, Hupbeat Inc., to maximize workforce flexibility in the energy sector.
  • The U.S. oil & gas sector is facing an oil price plunge due to Saudi Arabia - Russia standoff in addition to the unprecedented COVID-19 impact.
  • Through a series of Executive Summits hosted by YGC , Hupbeat received guidance from innovation executives at BP, HESS, Chevron, Fluor and Saudi Aramco to create its first product - the Hupbeat Elite Network , an accelerated workforce planner and talent network.
  • As the oil & gas industry workforce goes through digital transformation, its important for our members at SPE to be able to partner and discuss challenges with industry leaders.

Tortoise Announces Expected Constituent Changes Due to Merger and Acquisition Activity

Tuesday, March 31, 2020 - 5:37pm

Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.

Key Points: 
  • Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • The index mentioned is the exclusive property of Tortoise Index Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Tortoise MLP Index, Tortoise North American Pipeline IndexSM, Tortoise North American Oil and Gas Producers IndexSM, Tortoise Water Index SM and Tortoise Global Water ESG IndexSM (the Indices).
  • The Indices are not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, S&P Dow Jones Indices).

North American Industrial Protective Clothing Market, Forecast to 2024 - ResearchAndMarkets.com

Tuesday, March 31, 2020 - 3:51pm

The "North American Industrial Protective Clothing Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North American Industrial Protective Clothing Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
  • Increasing focus on employee wellness and safety has led to the evolution of the protective clothing market in North America.
  • The industrial protective clothing market is a mature market in North America covering high visibility, heat and flame, chemical, antistatic, and chainsaw protection.
  • The market for heat and flame clothing is buoyed by a turnaround of the oil and gas industry in North America.